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New construction
  • $3,999,999

    500 Alton Rd Unit 1601, Miami Beach, FL 33139

    3beds
    2,178sqft
    : 
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    Condominium
    Built in 2025
    -- sqft lot
    $3,767,600 Zestimate®
    $1,837/sqft
    $5,298/mo HOA

    What's special

    Where Central Park and South Beach collide. Welcome to Residence 1601. This thoughtfully designed home offers sweeping 180-degree views of the ocean, South of Fifth, and the bay and downtown skyline, all framed by floor-to-ceiling windows that fill the space with natural light. Spanning 2,187 SF of interior living space with an additional 900 SF wraparound terrace, the residence features curated upgrades including a Control4 smart home system and integrated sound throughout. Located within Five Park, South Beach’s newest luxury tower, residents enjoy an unmatched amenity package including a private beach club with house car transportation, resort-style pools, on-site restaurant, spa and sauna, state-of-the-art fitness center, two cinema rooms, world-class co-working lounge, children’s clubhouses, a two-acre park, and 24/7 concierge and doorman services. Perfectly positioned in South Beach, Five Park also offers the convenience of accessibility, just seconds from some of Miami’s top dining and lifestyle destinations.
    49 days
    |
    146
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Fernandez 786-514-3136,

    Douglas Elliman

    Source: MIAMI,MLS#: A12014864MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Other, Washer, Water Softener Owned
      Features
      • Built-in Features, Closet Cabinetry, Kitchen Island, Walk-In Closet(s)
      • Flooring: Tile
      • Doors: High Impact Doors
      • Windows: Complete Impact Glass, Blinds
      Interior area
      • Total structure area: 3,086
      • Total interior livable area: 2,178 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Or More Spaces, Guest
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Accessible
      Features
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Ocean, Other
      • Has water view: Yes
      • Water view: Bay,Ocean
      Details
      • Parcel number: 0242040150090
      • Other equipment: Other

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Community & HOA

      Community
      • Security: Doorman, Elevator Secure, Security Guard, Lobby Secured
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: Five Park
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Bike Storage, Clubhouse-Clubroom, Fitness Center, Storage, Pool, Library, Other, Sauna, Spa/Hot Tub
      • HOA fee: $5,298 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $1,837/sqft
      • Tax assessed value: $2,954,805
      • Annual tax amount: $54,652
      • Date on market: 5/8/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $3,767,600

        $3.58M - $3.96M

        Not available

        Price history

        DateEventPrice
        6/17/2026Price change$24,500-10.9%$11/sqft
        Source: MIAMI #A12015259 Report a problem
        5/8/2026Listed for rent$27,500$13/sqft
        Source: MIAMI #A12015259 Report a problem
        4/20/2026Listing removed$4,000,000$1,837/sqft
        Source: MIAMI #A11923113 Report a problem
        4/2/2026Price change$4,000,000-5.9%$1,837/sqft
        Source: MIAMI #A11923113 Report a problem
        3/5/2026Price change$4,250,000-2.9%$1,951/sqft
        Source: MIAMI #A11923113 Report a problem
        2/2/2026Price change$4,375,000-4.9%$2,009/sqft
        Source: MIAMI #A11923113 Report a problem
        12/2/2025Listed for sale$4,600,000$2,112/sqft
        Source: MIAMI #A11923113 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$54,652 $2,954,805

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Flamingo Lummus

          Getting around

          92 / 100
          Walker's Paradise
          50 / 100
          Good Transit
          81 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

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